News search | Securities Finance Times

Generic business image for news articles

CACEIS to acquire RBC’s European asset servicing business
17 October 2022 France
Reporter: Bob Currie

The deal, which is expected to complete by the end of Q3 2023 subject to approvals, will include custody and global custody FX, securities lending, fund services and middle office, along with RBC Investor Service’s service centre in Malaysia

DTCC, ICI and SIFMA publish T+1 Playbook
01 August 2022 US
Reporter: AST

This guide is designed to assist market participants in preparing for the SEC’s proposed transition to next-day securities settlement which, subject to final regulatory approval, is targeted in the US for Q3 2024

Apex Group set to acquire Darwin Depositary Services
05 July 2022 Netherlands
Reporter: Jenna Lomax

As part of the mandate, Darwin’s management team will become part of the Apex Group’s global team

Colendi acquires SETL
28 June 2022 UK Turkey
Reporter: Bob Currie

Turkish fintech Colendi has announced the purchase of London-headquartered enterprise blockchain specialist SETL, with plans to shorten the gap between permissioned enterprise blockchain and a secure public blockchain environment

ISS to launch Global Proxy Distribution Golden Agenda API
13 June 2022 UK
Reporter: Jenna Lomax

Institutional Shareholder Services is to launch Global Proxy Distribution (GPD) Golden Agenda API, an application programming interface

OSTTRA launches new service for repo trade confirmation
17 May 2022 US
Reporter: Jenna Lomax

Post-trade solutions company OSTTRA is to launch OSTTRA Trade Processing for Repos, in an effort to increase repo efficiency for the global market

LMAX Group and SIX to launch crypto futures
17 March 2022 UK Switzerland
Reporter: Bob Currie

This centrally-cleared, cash settled service, which is awaiting full regulatory approval, will be tradeable 23 hours, 5 days per week at its proposed launch in Q3 and will extend to 24/7 trading with the full product release

Citco: Hedge funds continue increases in Q3
18 November 2021 UK
Reporter: Rebecca Delaney

The global hedge fund industry saw positive net inflows of US$6 billion during Q3 2021, according to hedge fund administrator Citco

Citi promotes Jaime Healy-Waters
18 November 2021 UK
Reporter: Jenna Lomax

Citi has promoted Jaime Healy-Waters to global head of cash equity middle-office and Europe, Middle East and Africa, cash securities settlements

Securities services revenues on the up for BNP Paribas
29 October 2021 France
Reporter: Maddie Saghir

BNP Paribas’ securities services rose due to the increase in average assets, favourable market trends, the onboarding of new clients, and the increase in transaction volumes

LSEG claims strong Q3 performance across all divisions
22 October 2021 UK
Reporter: Bob Currie

London Stock Exchange Group reports 7.3 per cent growth in gross profit for Q3, with post-trade revenue up 11.5 per cent in constant currency terms

J.P. Morgan reveals Q3 2021 results
19 October 2021 US
Reporter: Maddie Saghir

J.P. Morgan has revealed that its markets and securities services revenue was $7.5 billion for Q3 2021, which marks a decrease of 4 per cent compared to Q3 2020